Study Guide 1: Multiple Choice Chapter 1-5 with Answers -...

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Nature of Mathematics
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Chapter 6 / Exercise 47
Nature of Mathematics
Smith
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Chapter 1 1. Countries tend to be classified as more or less developed based on a. the literacy rate. b. the poverty rate. c. the level of income per capita. d. the types of goods they produce.
2. Which of the following demonstrates international interdependence?
3. A subsistence economy is
4. Development economics is the study of the
5. Development economics must have a scope wider than traditional economics because a. values and attitudes play little role in the pace of development. b. people in developing societies do less utility-maximizing. c. transformation of social institutions is necessary for development. d. all of the above.
6. A good definition of the meaning of development is the
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Nature of Mathematics
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Chapter 6 / Exercise 47
Nature of Mathematics
Smith
Expert Verified
7. Which of the following is not an important objective of development?
8. The Millennium Development Goals include
9. The core values of development include a. increasing income per person. b. reducing the inequality of income. c. the ability to meet basic needs. d. all of the above.
Chapter 2 1. An example of an upper-middle income country is
2. A newly industrialized country is
3. Which of the following is not an upper middle-income country?

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